Merchant Rating
April 06, 2009 (LBO) - Fitch Ratings Lanka said it has confirmed the 'BBB' rating of Merchant Credit of Sri Lanka Ltd. online pharmacy buy cymbalta with best …
Industry
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Hedging Claim
April 04, 2009 (LBO) - Deutsche Bank has filed arbitration proceedings against the government of Sri Lanka over non-payment in oil derivatives deals with state …
Sri Lanka state textile firm to be revived
April 03, 2009 (LBO) - Lanka Salusala, a partly operational Sri Lankan state textile firm which is overstaffed and debt ridden, is to be closed down and …
Annual Picture
Apr 03, 2009 (LBO) – Sri Lanka's People's Bank group has reported net profits of 3,427 million rupees in 2008, 2.2 percent lower, while interest income …
Oil Hit
April 02, 2009 (LBO) - Non-performing assets at Citibank's Sri Lanka branch have rocketed after state-run Ceylon Petroleum Corporation (CPC) refused to pay up …
Closed Door
WASHINGTON, April 1, 2009 (AFP) - The United States began taking visa applications Wednesday for highly skilled foreigners, with lawmakers pressing to close …
Sri Lanka gets more duty free access to Pakistan
April 02, 2009 (LBO) - Pakistan has increased the number of products that can be imported from Sri Lanka to 4,000 under the final phase of the free trade deal …
Shrinking Credit
April 02, 2009 (LBO) – Sri Lanka's private sector credit is shrinking with credit card users also falling for two straight months as an economic slowdown …
Missing Miles
April 01, 2009 (LBO) - Sri Lanka is in talks with the Asian Development Bank on ways to raise funds to build the last stretch of a key highway linking the …
Female Targets
April 01, 2009 (LBO) - Sri Lankan retailer Odel said it has opened a fashion accessories store for women called 'Backstage' in Singapore with more overseas …
Sri Lanka Aitken Spence opens new Maldivian resort
April 01, 2009 (LBO) - Sri Lanka's Aitken Spence group said it has opened its latest Maldivian luxury resort called Adaaran ˜Prestige’ Vadoo. The …
Lubricant Trends
April 01, 2009 (LBO) - Sri Lanka's Chevron unit said net profit for the 2008 financial year fell 12 percent to 948 million rupees from a year ago with high …
Fresh Equity
April 01, 2009 (LBO) - A one-third stake in Sri Lanka's Seylan Bank being offered to new investors by the regulators will be in new shares with the cash going …
Top Marks
April 01, 2009 (LBO) - The Commercial Bank of Ceylon has been adjudged Sri Lanka’s ˜Best Bank’ for the 11th successive year by the financial …
Bank Promotions
April 01, 2009 (LBO) - Sri Lanka's central bank said it has promoted four Assistant Governors, Rose Cooray, K G D D Dheerasinghe, Uthum Herat and D S …
Card Terminals
Mar 31, 2009 (LBO) - Sri Lankan teleco Lanka Bell and EPIC Lanka Technologies, an information technology firm has tied up to provide wireless point of sale …
Health Support
March 31, 2009 (LBO) - The US Agency for International Development (USAID) has given equipment and basic medical supplies to Sri Lanka's health service for use …
Sri Lanka, Nepal mull tourism, air links
Mar 31, 2009 (LBO) - Sri Lanka and Nepal are discussing joint tourism packages that combine the attractions of Himalayan hikes with Indian Ocean beaches, the …
Growing Pool
Mar 30, 2009 (LBO) - Sri Lanka's software export industry said it is trying to promote the island as a BPO (business process outsourcing) destination for …
Sri Lanka allays private sector fears over trade deals
Mar 30, 2009 (LBO) - Sri Lanka's government recognises private sector fears of non-tariff barriers in bilateral trade deals and will not open up the economy …